[Reuters] Microsoft stuns with profit miss, to cut 5,000 jobs

Posted by: UGN Security

[Reuters] Microsoft stuns with profit miss, to cut 5,000 jobs - 01/22/09 11:47 AM

NEW YORK (Reuters) - Microsoft Corp stunned Wall Street with disappointing results that included plans to slash up to 5,000 jobs and a warning that profit and revenue will almost certainly drop over the next two quarters.